Commercial Lease Application

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The commercial lease application is a document that is used to lookup the financial background of an entity by a landlord of commercial space. The tenant is typically seeking to operate a business use related to retail, office, or an industrial type which usually requires upfront costs for the landlord. Therefore, the application is necessary for the landlord to be secure in investing money into the property and to be bound for a period of time, usually lasting from three (3) to five(5) years.